Professional Documents
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E Business
E Business
Meaning
Mobile phones
Personal digital assistants (PDA)
Electronic Data Interchange
File transfer
Facsimile
Video conferencing, internet, intranets and
extranets.
Advantages of E-business:
Quicker and easier communications
Strengthened marketing capabilities and reach
Increased hours of operation 24 hour 7 day
Access to broader information through research
Reducing the cost of doing business by lowering
transaction costs
Adopt new business models and develop tailored
customer support.
5 – Pillars of E-business
Private Search Engines:
Impact of E-business on business
Direct sales to customers.
Anytime access from anywhere.
Customization of products.
Quicker time to market.
Flexible pricing, product portfolio and promotions.
Price discrimination.
Transfer of fund with efficiency.
Lower stock outs.
Automated and convenient process.
E-business Models
E-shops: process whereby consumers directly buy
goods, services etc from a seller
E-procurement: Allow qualified and registered users
to look for buyers or sellers of goods and services
E-malls: Collection of e-shops
Virtual communities: social network of individuals
who interact through specific media
E-GOVERNANCE
Meaning